What to do now? Advice please.
After losing my Bear Stearns offer, I need to know what I should do next. Although I've been looking around for other positions, the truth is all the jobs available right now at this point suck. In many ways, I almost refuse to work for less desirable positions at this point.
The question I wanted to ask was: Can I wait till Fall recruiting and do my interviews then? How will recruiters/interviewers view it if I took the summer to "study abroad" and then come back as a recent graduate during interviews? Will I automatically be dinged? All the jobs and positions are available during the Fall...
I have cold called/applied to more desirable firms at the moment, and hope for some luck there. But the thing is..I REFUSE TO WORK FOR THE BIG 4. I interned there and just really didn't like it (not to mention my gf is an auditor). If I work at a firm/company that isn't great at all, then I can't really apply to any other positions until I go back to get my MBA.
All the jobs you would've applied for if you hadn't gotten a BB SA offer. These include, PWM, Big 4, Marketing, Local and Regional firms, and whatever else you can find. If you don't get one of these "less desirable jobs" chances are you won't get a job PERIOD during FT interviews next year. When I review resumes for FT the first thing I look at after your School, Major and GPA (and sometimes before) is your Junior year internship. If you don't have anything down there, you will find it extremely difficult to land a job. Personally, I had a shit internship, but everything else was good so I got a BB offer.
Moral of the story, shit job>no job. You can always explain that you had a BSC offer that got rescinded which will get you all sorts of sympathy.
You don't need a top internship to get a good FT job, it just helps.
I was a FT hire.
Recruiters generally don't really speak to "recent graduates" and the like. At DB, we had a fairly explicit policy with regards to FT recruiting that it was for students graduating in either December or May.
From my experience I have noticed better traction when people delay graduation so they are still university students when FT recruiting comes through. I also know a number of people who got a related masters degree in a field like economics or math and used that as a tool to get offers.
Other than that, yeah you are probably in the find some interesting job you don't hate until B-school if you want to do banking/PE. That being said I know plenty of people who like their jobs way more than I do and don't make bad money working a lot less in things like marketing and corp dev.
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